The commercial property tax rates in Calgary and Edmonton are two to three times higher than residential rates, with little rationale, says a report released on Thursday by public policy think-tank the Fraser Institute.
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Cresa, the world’s largest commercial real estate company that exclusively represents tenants and occupiers of space, has expanded its presence in Canada with a new office in Edmonton.
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Calgary-based real estate investor Bob Dhillon has a simple plan to grow his rental apartment business in Western Canada – jump on the opportunity to provide growing numbers of millennials and international students with places to call home.
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The city is looking at adding a half-million dollars to its cost-sharing agreement with a land developer to cover LRT track replacements and other expenses at Stadium Station.
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EDMONTON — Fixing two historic fixtures on Whyte Avenue and Jasper Avenue is proving to be more work for developers than anticipated, and now they are asking the city for more money.
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The city is looking to sell an undeveloped 19.7-acre plot of land in south Edmonton for more than $5 million.
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A massive Mayfield Toyota dealership is pulling into West Edmonton Mall and the company is bringing some new parking along with it.
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Starting Monday, drivers will no longer be able to access Yellowhead Trail from 89 Street.
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In the past year, employment in the Calgary census metropolitan area has risen by 50,300 positions while in the Edmonton CMA it has fallen by 9,200, according to data released Friday by Statistics Canada.
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Despite the Edmonton-Calgary rivalry, there’s at least one import from our northern neighbour that appears to be a welcome addition to the local real estate market: backyard suites.
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